Watch: Judge Gautam Patel delivers the first J B D'Souza Memorial lecture.
Family philanthropy has proven resilient throughout the pandemic and grew to nearly Rs 12,000 crore in fiscal year 2020, accounting for almost two-thirds of the rise in private sector funding since FY19, says a report. According to the India Philanthropy Report 2021, co-created by Bain and Company and Dasra, funding from family philanthropy has tripled its corpus, growing to nearly Rs 12,000 crore in FY 2020. As per the report, in FY 2020, private-sector funding which stems from four sources including foreign, corporate, retail, and high-net-worth individuals (HNIs) or families totalled about Rs 64,000 crore and 20 per cent of this came from family philanthropy. While foreign contributions account for a quarter of all funding, domestic corporation donations also known as Corporate Social Responsibility (CSR) account for 28 per cent and retail investors account for another 28 per cent.
Byju's is set to promote its chief operating officer (COO) Mrinal Mohit to a bigger role, including leading the India operations, according to people familiar with the matter. This is because Byju Raveendran, founder and chief executive officer (CEO) of the edtech giant - which is valued at $22 billion - is planning to focus on global expansion and acquisitions. Among the global regions, Raveendran may look at markets such as the US and the Middle East.
'I came to this country from India 20 years ago to create a better life for my family. I am a father of four and a proud American citizen. I am also what America looks like.'
The regular 'band, bajaa, baraat' were missing but the festivities seemed intact as Punjab Chief Minister Bhagwant Mann turned groom for his wedding with a doctor from Kurukshetra at his home.
A Sikh bar owner in the United States is being hailed as a hero for helping capture the 28-year old Afghan-American wanted for the weekend bombings in New York and New Jersey.
Accelerating quantity and quality of entrepreneurship towards benchmarks from high-performing countries and Indian states can create over 30 million women-owned enterprises, of which 12 million can generate employment, a joint report by Bain & Company and Google said.
Mumbai, Punjab, Karnataka, Himachal Pradesh and Bengal advance to QFs
Apply the 'insurgent' tests on what Ambani, Ramdev and Agarwal have done of late, and you will start seeing the similarities rather than obvious differences of industry, upbringing or social station, says Shailesh Dobhal.
Among these are Labh Singh Ugoke, who defeated former chief minister Charanjit Singh Channi in the Bhadaur assembly segment by a margin of 37,558 votes, and Gurmeet Singh Khuddian, who beat Shiromani Akali Dal patriarch Parkash Singh Badal in his traditional Lambi seat by 11,396 votes.
Over the past decade, a change in consumer choice swept through the battery industry - the walkman lost its mojo, smartphones took over cameras and batteries were tucked away in remotes and wall clocks that hardly needed frequent call-ups. The result: Brand Eveready lost mind space. And the company's attempt to stick to the on-ground marketing activities didn't quite help. But Eveready, now at the cusp of change, is putting things right - a new Give Me Red television commercial has been launched after a gap of 7 years featuring an empowered bride ski-diving to her wedding venue. The creative, according to Eveready sources, is in sync with the brand doctrine.
Navjot Singh Sidhu forms a new party called the 'Awaaz-e-Punjab' and ties up with the Pargat, Bains brothers.
Rahane dropped anchor to score an unbeaten 144 off 156 balls while the young Ishan Kishan smashed his way to an 87-ball 114 during their opening stand of 210, which took the C team's score to 352 for seven in 50 overs.
Private equity investments in Indian companies grew 38 per cent to $62.2 billion last year, with inflows into Reliance Industries' telecom and retail ventures contributing nearly 40 per cent of the total value of the deals, a report said on Wednesday. Barring investments into Jio Platforms and Reliance Retail, the total deal value was down by 20 per cent over 2019 as the volume of large deals of more than $100 million dipped by a fourth, as per the report by Bain & Company and India Venture Capital Association. Overall investment activity remained muted from March to May last year due to COVID-led uncertainties and investor confidence recovered strongly in the second half to pre-COVID levels with late-stage and buyout deals witnessing increased traction, it said.
'Yesterday, I was at a seed meeting where we gave outright grants up to Rs 20 lakhs or loans up to Rs 50 lakhs for new start-ups under 2 years.'
147 domestic and international recruiters -- including Ola, Amazon, Flipkart and Xiaomi -- hired all 460 graduates.
In what is amongst the first focused fund in the space, India Media Entertainment Fund (IMEF) is raising Rs 500 crore, which will provide both equity as well as instruments like non-convertible debentures (NCD) to companies in the content, distribution platform and services areas. The private equity fund has appointed a high-profile advisory body which includes ad guru Prahlad Kakkar, managing director of Red Chillies Entertainment and cricket team KKR Sports, actress and entrepreneur Raadhika Sarathkumar, who has starred in Malayalam, Hindi and Kannada films and runs Radaan Mediaworks. It also includes Ramnath Pradeep, former chairman and managing director of Corporation Bank, and Rajesh Gupta, senior partner of law firm SNG Partners.
Adityanath has earned a new sobriquet "bulldozer baba" due to raging of properties of criminals and mafias built through illegal means.
Once stability returns to the secondary market, companies that have obtained approval from Sebi will start tapping the market.
With 16 start-ups gaining unicorn status in 2021, India's tally has touched the 50 mark. The newest entrant to this list include Pune-based MindTickle, which is close to finalising a $100-million funding round from Softbank's Vision Fund 2, taking the company's valuation to $1.1 billion.
Aishwarya and her adorable daughter Aaradhya make a cute picture.
Shrugging off their disappointing loss against Pakistan in the last game, India U-19 boys held their nerves as they eked out a three-wicket win against Sri Lanka with five balls to spare as they set up summit clash with arch-rivals Pakistan in the Asia Cup in Dubai.
The explosion took place in the wash room of the second floor of the court complex, said police.
Within two days, the business school had 108 recruiters making 370 domestic and international offers, including 23 new final recruiters with an average salary of Rs 25.08 lakh.
Kevin Mirallas' first-half penalty miss proved costly as Everton's dismal run continued with a 0-0 Premier League draw at home to West Bromwich Albion on Monday.
Jazzy B -- or Jaswinder Singh Bains -- is an Indian-Canadian singer and songwriter.
'IIM Ahmedabad has seen one of the best placement seasons ever and this change can be attributed to the markets opening up after the pandemic.'
More and more PE players are willing to test the waters now, just in case they become early entrants in a future booming business.
IIM Lucknow has concluded its 2020-21 final placements.
An Indian-origin doctor, branded as "sex predator" for sexually assaulting women and teenage girls and secretly filming the acts, has pleaded guilty to 39 sexual offences at a UK court.
Left-handed opener Akhil Herwadkar scored a century as almost all the Indian batsmen scored runs in their crushing 189 run win over hosts United Arab Emirates in the opening game of the U-19 Asia Cup in Sharjah.
Punjab government on Wednesday night denied the charge by Lt Gen (Retd) K S Brar that the state government had downgraded his security from Z to Y category.
But the Congress said its leader Priyanka Gandhi Vadra will attend the event.
Ajinkya Rahane's struggles in limited-overs' cricket continued as India B comfortably beat India C by 30 runs to enter the Deodhar Trophy final, in New Delhi, on Wednesday.
The change in ownership is expected to give a fresh lease of life to the company that has often been dragged by financial stress in its close to three-decade journey under the Khaitans, reports Ishita Ayan Dutt.
Wealthy Indians shelled out 3.1 per cent of their total income on charitable donations in 2011 and more than half pledged to give even more this year, says a study by global business consultancy Bain & Company.
When Anand Mahindra becomes non-executive chairman in November, Shah will become the first professional MD and CEO in the history of the Mahindra group to have a complete oversight of and responsibility for the Mahindra group businesses.
The inquiry by will not deal with the allegations of sexual harassment against the CJI.
Of the 1,145 offers made this year, consulting firms made up 34 per cent, followed by banking, financial services and insurance, pharma/healthcare, IT/ITeS and FMCG/retail.
E-commerce firms Amazon, Flipkart, and others are expected to witness blockbuster festival season sales of around $9 billion this year, surpassing pre-pandemic sales of $5 billion in 2019. The pandemic has accelerated the shift to e-commerce, with more consumers shopping online at a higher frequency than last year, observed analysts. This year's festival sales (gross merchandise value or GMV) are expected to grow 30 per cent year-on-year (YoY) to $4.8 billion during the first week of the season and potentially clock over $9-billion GMV during the whole festival month, revealed consulting firm RedSeer's e-commerce festival season report.